Section 5. Suspension, revocation or modification of licence.

(1) The Director-General may, if the circumstances of the case so require to meet the objectives of this Act, by order in writing and for reasons to be recorded therein, suspend, revoke or modify a licence granted under section 4, if the licensee, or any person engaged by him--- (a) violates any condition of the licence; or (b) fails to comply with any requirement under any law for the time being in force applicable to the vessel; or (c) fails to comply with a direction issued under section 35; or (d) fails to pay any fine or serve any sentence imposed under this Act: Provided that the suspension, revocation or modification of licence under this clause shall not absolve the licensee from his obligation for payment of any fine or penalty, or undergoing any punishment, imposed on him under this Act. (2) No licence granted under section 4 shall be suspended, revoked or modified under sub-section (1), unless the licensee has been given a reasonable opportunity of being heard. (3) A licensee, who intends to modify the particulars of the licence granted to him under section 4, may make an application to the Director-General in that behalf in such form and manner, as may be prescribed. (4) Where the licence granted under section 4 ceases to be valid due to expiry of its period or revocation, the licensee shall--- (a) return it or cause it to be returned to the Director-General; and (b) cease to engage in coasting trade, within such period as may be specified by the Director-General.